Lazy reporters did it

LAS VEGAS – NAR economist Lawrence Yun also sees another culprit in the housing market decline. No, not the Realtors who encouraged speculators to flip properties for quick returns, but “lazy reporters.”

He said the media often report that nationwide, home prices have declined this year — the first time prices have dropped since the Great Depression. But they report that news only out of a desire “to sensationalize it.”

The non-lazy reporters point out that the price drop of 1.5 percent nationwide came after years of tremendous price appreciation. READERS PLEASE NOTE: This hard-workin’ reporter wants you to know that home prices had historic run-ups from 2002 to 2005.